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Nov 28, 2012
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did the comprehensive tax reform. clinton, welfare reform and balanced the budget for multiple years in the late 1990's. this is the perfect time to solve single biggest problem confronting our country and we are anxious to sit down and get the job done. \[inaudible question] >> dick durbin says as talks continue on of this booklet democrats must be open to painful topics, including medicare and medicaid. he was at the center for american progress for about 45 minutes. >> good morning, everyone. thank you for being here. i am the president of the center for american progress. we are thrilled to have senator durbin here today to talk about his views on the fiscal cliff. as we engage in this debate, i wanted to lay out a few principles that are critical as washington becomes obsessed with this set of issues. the elections have consequences. at c.a.p., we have argued that the issues that are really framing the fiscal debate and fiscal cliff were ones that were litigated in the election context. the president did not have
did the comprehensive tax reform. clinton, welfare reform and balanced the budget for multiple years in the late 1990's. this is the perfect time to solve single biggest problem confronting our country and we are anxious to sit down and get the job done. \[inaudible question] >> dick durbin says as talks continue on of this booklet democrats must be open to painful topics, including medicare and medicaid. he was at the center for american progress for about 45 minutes. >> good...
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Nov 22, 2012
11/12
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it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the president's somewhere in the middle on this to get the country's fiscal path on a path to solvency so we can start to have economic growth again in the country. >> do you want to comment a little bit about what you expect from the next six weeks? not even six weeks? however many weeks it is now between -- between now and the start of this booklet. working in the white house limits what you can say, but how you see his plan at between now and january? >> steve is exactly right, all the you are seeing a very concerted members of the house dig in on a no revenues. it is good to see many republicans saying yes. i cannot get into a lot of details -- i think it is unrealistic to expect next week we will
it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the president's somewhere in the middle on this to get the country's fiscal path on a path to solvency so we can start to have economic growth again in the country....
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Nov 29, 2012
11/12
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we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeopardize an hour commitments in the national defense and protecting our most honorable. we can jump-start our economy by assuring americans that congress and the president can work together to get the job done and deal courageously with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will succeed together. there is nothing in between. i am confident that we can pass the test and do what is good and right for the american people. >> the president has been talking a lot about taxes lately, and as acpa who practiced for years and a member of ways and means committee, there is no one who likes to talk about tax more than i do. but let's be honest -- talking about taxes is not going to solve the problem that america faces. we have to turn to the spending side of the ledger. furthermore, his tax proposal will kill about 700,000 jobs and do harm to the economy, aga
we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeopardize an hour commitments in the national defense and protecting our most honorable. we can jump-start our economy by assuring americans that congress and the president can work together to get the job done and deal courageously with the pressing problems of today. when it comes to the fiscal cliff, the president and congress will either fail together or we will...
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Nov 29, 2012
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they like taxes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unless you intend to be a congressman for all of your life. >> a career decision. >> if someone tells you they are pro-life or pro-choice, is this 18 months or a year? how long are you pro-choice? you are telling someone who you are. i'm the kind of guy who is pro- choice or pro-life. two people have brought that up. latourette who decided to leave congress he said yeah i made that promise a long time ago and i went into district and talked about banks and mortgage. mortgage, that was 20 years ago. you are still sending me letters. people make a commitment. it's an easy simple commitment an
they like taxes? >> it's a pledge not to increase taxes. people say why don't you toughen it. you don't want to change it because it is a simple guardrail. it doesn't solve the world's problems, it says no net tax increase. >> in your mind when someone signs it, how long are they committed to it? >> in writing when the person signs it as long as you are a congressman or senator. >> you are signing this for life? >> unless you intend to be a congressman for all of...
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Nov 28, 2012
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is it a robin hood tax? the idea that tax and lower rate is because it is more free- flowing than people. you tax people for ordinary and come. if you get people to not want to do something or do something differently, move somewhere else because of a tax rate, it's a lot harder to make that decision. capital flows easier them people. that is why the debate is still going on. whether or not it will be beneficial, it remains to be seen. host: fort myers, fla., republican mike, you are on with doom and it to -- dominic chu from bloomberg. comments are a little less than one hour. [speaking in french] that is it for my french. thank you very much for joining us. it is an honor to haveou. let me explain how this will work. we have been here since o'clock this morning. we have had a packed day. this might be the highlight. here is what we will do -- i have a few questions i would like to ask the prime minister. we appreciate you doing this format. i think this is more fun. >> i appreciate you having us here. >> i
is it a robin hood tax? the idea that tax and lower rate is because it is more free- flowing than people. you tax people for ordinary and come. if you get people to not want to do something or do something differently, move somewhere else because of a tax rate, it's a lot harder to make that decision. capital flows easier them people. that is why the debate is still going on. whether or not it will be beneficial, it remains to be seen. host: fort myers, fla., republican mike, you are on with...
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Nov 22, 2012
11/12
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like the earned income tax credit. and you were talking about not only a lot of retirees, you're talking about the entire enlisted corp, the united states military and it was an awful statement. and i think he paid a tremendous price for it. it just as you conceive of a presidential campaign you don't want to push people out in a way. it's not a zero sum game where in order to get 50 plus 1 we're going to stigmatize 47%. politics is a game of addition. this is what david and the obama campaign understood so brilliantly is how do we assemble a coalition of voters to get a majority of the vote? to get a majority of the vote?
like the earned income tax credit. and you were talking about not only a lot of retirees, you're talking about the entire enlisted corp, the united states military and it was an awful statement. and i think he paid a tremendous price for it. it just as you conceive of a presidential campaign you don't want to push people out in a way. it's not a zero sum game where in order to get 50 plus 1 we're going to stigmatize 47%. politics is a game of addition. this is what david and the obama campaign...
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Nov 22, 2012
11/12
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like the earned income tax credit. and you were talking about not only a lot of retirees, you're talking about the entire enlisted corp, the united states military and it was an awful statement. and i think he paid a tremendous price for it. it just as you conceive of a presidential campaign you don't want to push people out in a way. it's not a zero sum game where in order to get 50 plus 1 we're going to stigmatize 47%. politics is a game of addition. this is what david and the obama campaign understood so brilliantly is how do we assemble a coalition of voters to get a majority of the vote? and i do think if you look at that coalition that's been assembled i suspect it will be enduring for some time in the way the reagan coalition was and the obama coalition will be. but it was a bad moment for the romney campaign in this election. >> david mentioned in his opening remarks 47%. it was co-incidentle i think that president obama last 47% and you said that the 47% mr. romney was refering to was republicans. that was coi
like the earned income tax credit. and you were talking about not only a lot of retirees, you're talking about the entire enlisted corp, the united states military and it was an awful statement. and i think he paid a tremendous price for it. it just as you conceive of a presidential campaign you don't want to push people out in a way. it's not a zero sum game where in order to get 50 plus 1 we're going to stigmatize 47%. politics is a game of addition. this is what david and the obama campaign...